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UNCLASSIFIEDTEICRA INCOME TAX LIAISON MEETING DECEMBER 7, 2021A. IntroductionQuestion 1. Vision and Priorities for the Crash International and Large Business Directorate We invite the Director General

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What is management response and action?

Management response and action refer to the formal communication from management addressing identified issues, findings, or recommendations, along with the planned actions to resolve them.

Who is required to file management response and action?

Management response and action are typically required to be filed by organizational leaders or management teams responsible for the areas under review or audit.

How to fill out management response and action?

To fill out management response and action, management should clearly outline each finding, provide a corresponding response, articulate proposed actions, and establish timelines for implementation.

What is the purpose of management response and action?

The purpose of management response and action is to demonstrate accountability, provide transparency, and show commitment to addressing identified issues effectively.

What information must be reported on management response and action?

The information that must be reported includes a description of findings, management's response, the specifics of action plans, responsible individuals, and timelines for execution.

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